Chicago Fed President: The Federal Reserve must maintain stability amid stock market volatility and policy changes.
Chicago Federal Reserve Chairman Goolsbee stated on Wednesday that the Federal Reserve should not react to the fluctuations in the Stocks market and the economic policy statements, and that the current economic data remains stable.
US Morning News Call | U.S. Secures $600 Billion Investment Commitment from Saudi Arabia
U.S. stocks closed: The S&P recovered all losses for the year, and NVIDIA's surge led the return of the AI Concept.
① NVIDIA received a large order from Saudi Arabia, closing up 5.63%; ② UnitedHealth plummeted about 18%, dragging down the Dow; ③ Nasdaq Golden Dragon Index fell 0.07%; ④ General Motors partnered with LG New Energy to develop a new type of LMR square Battery.
Consumer Prices Post Mild Increase in April. But Trade Wars Likely to Add to Inflation Despite Reduced Tariffs.
Express News | US Apr. Core Inflation Rate MoM 0.2% Vs 0.3% Forecast, Prior 0.1%
US Morning News Call | U.S. Cuts China "De Minimis" Tariff to 54%
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